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Search Results 0 to 14 of about 15 (some duplicates have been removed)
on the wealthy was a central issue of president obama's campaign. he talked about it in every, single campaign speech. >> the wealthiest americans got tax cuts. tax cuts. try a tax cut. another trillion dollar tax cut that favors the wealthy. >> reporter: in her exclusive interview thursday, diane sawyer pressed the speaker on that. >> 60% of the voters have said that they are ready to raise these taxes. they are ready to have the wealthier americans pitch in here. >> i said yesterday that raising tax rates is unacceptable. >> reporter: the looming fiscal crisis has already affected financial markets, helping drive the dow below 13,000 for the first time since september. if a deal is not struck, virtually every american taxpayer will see a substantial increase in their taxes starting january 1st. during the last negotiations, speaker boehner's hands were tied because tea party conservatives opposed compromise. here's what he told george back then. >> there's no daylight between the tea party and me. >> reporter: what does he think of the tea party now? >> we don't have a tea party caucus to sp
president obama's deal and allow the bush-era tax cuts on the wealthy to expire for now. so tax cuts for the middle class can stay in effect. but house speaker john boehner remains opposed, saying a tax hike on the wealthy will hurt the economy. >>> today, president obama is hosting mitt romney at the white house for a private lunch. after the election, the president promised to reach out to romney for his ideas. >>> and overseas, the u.s. could be getting more involved in the civil war in syria. "the new york times" is reporting the obama administration is considering options, including arming the rebel fighters there who have made progress in recent days in battling bashar al assad's forces. >>> and more trouble for president obama's expected nominee for secretary of state. susan collins says she will not back rice for the job, until more questions on the attack on the u.s. consulate in libya are answered. collins said if president obama nominates senator john kerry instead, he would have no trouble winning confirmation. >>> and breaking news out of new york. lindsay lohan has been
election day, president obama and mitt romney look for every last vote in the battleground states. we'll tell you their last-minute strategies. >>> and jackpot. what to do with 20 million bucks in lottery winnings you didn't know you had. >> it's getting crazier. and i can't stop crying. >> wait until you see her reaction when she realized she was sitting on a fortune. >>> good morning, everybody. so great to be back with you and with the entire team here after what has been a very, very long week. here we are, five days post-sandy. and federal relief is finally arriving for the people of staten island. i was out there this week. and the damage is astonishing. biblical, really. two images i'll never forget. a jacuzzi in the trees. look at that. and i met a guy whose house was picked up and moved across the street. you're going to see it when the camera turns here. his house was there. and now, it's there. >> parts of the city really look like a war zone this week. >>> also, look at this. these are food lines in manhattan. hundreds of new yorkers, waiting for something to eat. for many
. thanks, josh. >>> we're going to turn now to president obama back from his post election trip to asia and a thanksgiving break. rearranging his cabinet a top priority, big shoes to fill in powerful jobs. abc's jake tapper is here. with more on that. jake, top of the list, replacing hillary clinton at the state department. >> reporter: that's right, george. at the beginning of a game of poker, at the beginning of a president's second term, one shuffles the deck. and president obama faces difficult decisions ahead of him. top priority -- replacing two cabinet secretaries running for the doors. secretary of the treasury tim geithner, and secretary of state hillary clinton. a clear front-runner is emerging to replace hillary clinton. >> let me tell you about susan rice. she has done exemplary work. >> reporter: susan rice has the inside track though john kerry remains a viable candidate. >> based on the information we have at present is that in fact, this began as a spontaneous, not a premeditated response to what transpired in cairo. >> reporter: they have vowed a fight, with her erroneo
points. martha, thank you very much. >>> that question to president obama about ambassador rice came from jonathan karl, who joined in on the press conference. and joins us now with more. questions on all of the big issues. but much of the focus on that looming fiscal cliff january 1st. >> reporter: that's right, george. the president will meet with congressional leaders tomorrow. he used that press conference to lay out very bright lines on where he stands on taxes and the fiscal cliff. holding his first news conference since winning re-election, the president took a hard line on his bottom line. there will be no budget deal without raising taxes on the wealthy. >> when it comes to the top 2%, what i'm not going to do is to extend further a tax cut for folks who don't need it, which would cost close to $1 trillion. >> reporter: in his previous efforts to strike a so-called grand bargain with speaker of the house john boehner, the president proposed $800 billion in new tax revenues. but now, he is seeking twice that. $1.6 trillion in new taxes over the next ten years. that's a bitter pill
to the battle brewing over who will be the nerks secretary of state. no final decision from president obama. the front-runner is susan rice, the u.n. ambassador. and she ran into a buzzsaw yesterday on capitol hill, when she met with republican senators critical of her nomination. take a look. >> the concerns i have today are greater than they were before. and we're not even close to getting the basic answers. >> i want to say that i'm more troubled today. >> we are significantly troubled by many of the answers. >> abc's jonathan karl is covering all this from washington. jon, on sunday, it looked like some of the senators, graham and mccain, had softened their opposition. but not after the meeting yesterday. what went wrong in that room? >> reporter: once again, they clashed over what rice said about the attack on the u.s. consulate in benghazi, libya. in the days after the attack. sources in the meeting said that rice started off by acknowledging that some of what she said was not true. but she presented evidence that that came directly from the cia, everything that she said. the senators
. >>> and susan rice, president obama's likely replacement for hillary clinton as secretary of state. rice will sit down with three top republicans who claim that her comments in september about that attack in september on the u.s. consulate in libya, were misleading. john mccain, chief among those critics. but he backed from his threat to derail rice's nomination. >>> and dramatic video in florida. a fisherman spotted in the water. you can see here, clinging to a cooler. he had been holding on for some seven hours without a life jacket, after a large wave took out his boat. his brother was also thrown overboard. thankfully, he was able to swim to shore and get help. both brothers, good news here, recovering this morning. >>> and a frightening scene high over sydney australia. a construction crane caught fire and forced police to evacuate thousands of people from nearby buildings. and it's a good thing they did because the crane's massive arm eventually collapses, use can see here, on to the roof. the company that owns the crane you see, also owns the one that collapsed here in new york, d
lady michelle obama and daughters, malia and sasha, received the christmas tree on friday, which arrived on a horse-drawn charge. it's from a farm in north carolina and will be displayed in the blue room. they have a head start on me. i'm notorious for putting up a tree on december 23rd. >> ours is december 26th. >> it stays up until like march. >> nice to see bo in that shot, too. did you see bo, the dog? >> just like the girls, he's huge. >> he's grown. >> alex, thank you. >>> the smoke is now clearing from the black friday fireworks which started earlier than ever, on thanksgiving night. millions of americans hit the malls in a mad dash to get their hands on hot holiday deals at rock-bottom prices. and abc's john schriffen found himself in the middle of the mayhem and joins us from kmart in new york city. i saw you tweeted, what a difference a day makes. >> reporter: it is so different here. i feel like i can come out of hiding right now because things have certainly calmed down. at least here at this kmart. now, the past two days, everything you can imagine has been flying of
Search Results 0 to 14 of about 15 (some duplicates have been removed)

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